Vogogo Inc. Announces Appointment of Its New Chief Financial Officer

Published 8:01 AM ET Wed, 4 April 2018
Globe Newswire

CALGARY, Alberta, April 04, 2018 (GLOBE NEWSWIRE) -- Vogogo Inc. (“Vogogo” or the “Company”) (CSE:VGO) is pleased to announce that, effective today, Jordan Greenberg has joined the Company as its Chief Financial Officer.

John Kennedy Fitzgerald, the Company’s President and CEO, commented, “I am extremely pleased that Jordan has joined our team in this very exciting venture. Jordan’s reputation, proven track record and work ethic will add tremendous value to our Company and shareholders.”

Dale Johnson, the Company’s Chairman, commented, “The appointment of Jordan as Vogogo’s full-time CFO represents a major step in creating a top-shelf leadership team to rapidly execute on the Company’s growth strategy. His extensive experience with successful high-growth businesses makes him ideal for this role.”

Mr. Greenberg brings over 20 years of experience managing financial and administrative matters in both public and private companies in the manufacturing, distribution and agricultural sectors. Prior to Vogogo, Mr. Greenberg was the CFO of Nuuvera Inc. (TSXV:NUU). Nuuvera raised over $100 million in equity financing to enable several cannabis-related acquisitions, both in Canada and in international markets. The company completed its go-public process through the reverse takeover of a publicly traded shell recently achieved a successful exit through a plan of arrangement with Aphria Inc., valued in excess of $500 million. Prior to Nuuvera, Mr. Greenberg spent two years as CFO of Dundee Agriculture, a wholly-owned subsidiary of Dundee Corp., and twelve years as the CFO of Crawford Metal Corporation, a private operator of steel distribution centers in Canada and throughout the south-eastern United States. Mr. Greenberg holds a Bachelor of Commerce degree from the University of Toronto, and earned his CPA designation while working with Ernst & Young in Toronto.

Mr. Swapan Kakumanu has stepped down from his day-to-day responsibilities as an officer of the Company but he will continue to serve as a consultant to the Company in order to ensure a seamless transition. Mr. Fitzgerald commented, “I want to extend a sincere thank you to Swapan for his contribution as the Company’s CFO. We are pleased that he will continue to be involved with the Company to assist in the transition process.”

Vogogo provided web-based payment processing and related risk management services focused since 2013 on cryptocurrency transactions. The Company suspended operations in late 2016 and, in April 2018, resumed operations following a significant acquisition that broadens the scope of activities to include mining for cryptocurrencies for its own account, as a service for third party customers and within mining pools, together with corresponding payment services. Vogogo currently operates it cryptocurrency mining activities at state-of-the-art facilities in Pointe-Claire, Québec.

For information or interview please contact:

John Kennedy Fitzgerald+14036489292

READER ADVISORYNeither the Canadian Securities Exchange (“CSE”) nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note Regarding Forward-Looking Statements

This press release contains certain forward-looking statements. All information, other than information regarding historic fact that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this news release includes, but is not limited to, the Company assessing alternative opportunities in the blockchain/cryptocurrency space and the ability to source business opportunities that will enhance shareholder value. The words “will,” “anticipate,” “believe,” “estimate,” “expect,” “intent,” “may,” “project,” “should,” and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by Vogogo. Readers are cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Vogogo. Vogogo does not have any obligation to update or revise any forward-looking statements except as expressly required by applicable securities laws.